KOSPI (SEOUL.NDX) - Close: 1 925.69 (-5.96), Oct 24, 2014

Chart Technical Analysis KOSPI (SEOUL)

 Neutral -Medium term, Oct 24, 2014Analysis Explanation
KOSPI has broken the rising trend and reacted strongly down. For the time being, it is difficult to say anything about the future trend direction. The index has received a negative signal from the moving average indicator, thus signaling a continued fall. The index has support at points 1890 and resistance at points 2013. RSI is oversold, which indicates a potential short-term reaction up. The index is overall assessed as technically neutral for the medium long term.

1 day-0.55%0.00-0.31%
5 days0.001.82%0.00+1.32%
22 days0.004.51%0.00-5.09%
66 days0.008.19%0.00-5.09%
Trend 11%2046.19 - 2139.39
Moving average2014-10-13
Long Term Trading Range2014-10-08
Short Term Trading Range2014-09-11
Inverse Head and Shoulders 2014-04-08
Inverse Head and Shoulders 2014-03-27
Double Top Pattern2013-08-21

Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here The content provided by is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.